Lions Gate’s Hunger Pangs

Investors regularly buy the rumor and sell the news. It isn’t every day top executives employ the strategy. Lions Gate Entertainment shares have risen 75% this year as investors anticipated Friday’s release of “The Hunger Games.” Yet Friday night, the studio said executives, including finance chief James Keegan and Co-Chief Operating Officer Steve Beeks, had entered stock-sale plans for about $7 million of shares. A nice hedge in case “The Hunger Games” fails to satisfy audiences.

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